Basics_008 – How to Buy Bitcoin
We are diving back into the Bitcoin basics series today! Now that we understand how bitcoin works, what is important, how to stay safe, and how to use it, it’s time to answer the most basic question for getting started… How do I get some Bitcoin!? Let’s dive in with Bitcoin Basics episode 008.
Wallets: getalby.com | Phoenix Wallet
Nostr: primal.net
Buy Bitcoin:
Sign Up to Buy & Sell Bitcoin | River
SwanBitcoin
Strike
FoldApp
CashApp
Other episodes:
Basics_06
A huge thanks to our sponsors, and don’t forget to check out the offers for the listeners of this show!
9% off the Coldcard with code BITCOINAUDIBLE, bitcoinaudible.com/coldcard
Check out the KYC Free, simple, no management, Bitcoin merchant solution, Nodeless.io/guy. Use my link to go to bitcoinaudible.com/nodeless and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I’ll throw 10,000 sats your way!
Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold
——————————————————————-
“The most beautiful thing we can experience is the mysterious. It is the source of all true art and all science. He to whom this emotion is a stranger, who can no longer pause to wonder and stand rapt in awe, is as good as dead: his eyes are closed.” — Albert Einstein
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Basics_07 – The Basics of Key Management
This episode will be part review, and part just going over some very practical, step by step ways to think about managing your keys with a hardware wallet. What you always need to do, how to not over complicate things, who you are protecting your keys from, and more. This episode will be good for those who had been considering taking the dive into their first hardware wallet, and still feel a little uncomfortable about exactly what to do to make sure their keys are there when needed.
Guy’s Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
Don’t forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (https://bitcoinaudible.com/fold)
• The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner – Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)
——————————-
“Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius, and a lot of courage to move in the opposite direction.” — E.F. Schumacher
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Basics_06 – The Lightning Network
The Lightning Network finally strikes in this Bitcoin Basics episode! Now that we understand the fundamentals of keys, wallets, transactions, and the node, we can finally take a dive into Lightning. What is it, what makes it tick, how do you own something that isn’t “on chain,” and what are the best tools to start exploring? All this and much more in today’s show.
Here are the many links for further exploration and learning to dive into:
Wallets and Apps to check out:
Phoenix Wallet: https://phoenix.acinq.co/
Breez | The Interface of the Lightning Economy: https://breez.technology/
Fountain | The podcast app that pays: https://www.fountain.fm/
Alby: Your Bitcoin & Nostr companion for the web: https://getalby.com/
Stacker news: https://stacker.news/
Zeus: Bitcoin payments your way: https://zeusln.app/
Episodes to listen to:
Chat_74 – Synonymous with Sovereignty, with John Carvalho: https://fountain.fm/episode/11238318089
Read_699 – What is Nostr? How Does it Work? And Why Does it Matter?: https://fountain.fm/episode/13359322375
Read_701 – Lightning for Everyone in Every App, the Breez SDK: https://fountain.fm/episode/13450214878
Fiat to Lightning Services:
Strike: https://strike.me/
River Financial: https://river.com/app
Cash App: https://cash.app/
Guy’s Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets!
Don’t forget to check out our amazing sponsors:
• The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner – Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold)
• Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard)
————————————
“Nobody ever figures out what life is all about, and it doesn’t matter. Explore the world. Nearly everything is really interesting if you go into it deeply enough.”
— Richard P. Feynman
Learn more about your ad choices. Visit megaphone.fm/adchoices
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Basics_05 – The Node
Bitcoin is ultimately just a piece of software, the network – the global, censorship resistant, immutable system – is ultimately just a collection of millions of people individually confirming and agreeing on what Bitcoin is. And to be truly sovereign as a bitcoiner, to confirm the truth of Bitcoin for yourself, & to participate in that global network, is to run a Bitcoin Node. This is Bitcoin Basics Episode 5: The Node.
The Blocksize War: https://www.amazon.com/Blocksize-War-controls-Bitcoins-protocol/dp/B08YQMC2WM
Guy’s Take_12 – Full Nodes or Nothing: https://open.spotify.com/episode/3qAzMtj3gErLFAqe7tlIeG?si=oS6oiD-eSfuXOkSdVf2_5Q
Guy’s Take_13 – Nodes vs Miners: https://open.spotify.com/episode/0GX2atSSMn3RaCMAx6rbnd?si=AGgr3ItuSImri_VDrj8djw
All the BTCSessions Tutorials you need to run a node: https://www.youtube.com/results?search_query=btcsessions+node
Embassy: https://start9.com/
Umbrel: https://umbrel.com/
MyNode: https://mynodebtc.com/
Guy’s Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
Don’t forget to check out our amazing sponsors:
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold)
• The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner – Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)
• Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard)
——————————-
“A society that does not recognize that each individual has values of his own which he is entitled to follow can have no respect for the dignity of the individual and cannot really know freedom.” – F.A. Hayek
Learn more about your ad choices. Visit megaphone.fm/adchoices
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Basics_04 – Wallets & Transactions
Hot wallets, cold wallets, hardware wallets, custodial wallets, lightning wallets, holy crap! What does all of this mean and how do they relate to your keys and your bitcoin? That is what we are covering in today’s episode, Bitcoin Basics episode 4, all about wallets and transactions.
Here is a reference to all of the wallets I use most often and for you to explore when setting up your own. I will also have this available on bitcoinaudible.com so it is easy to find down the road.
Wallets Guy uses…
Mobile On-Chain Wallets:
Green Wallet
Blue Wallet
Nunchuk
Bitkit (careful, still in beta but one I’m excited about)
Keeper
Desktop Wallets:
Green Wallet
Lily Wallet
Sparrow (can be more advanced, but a good wallet)
Specter (need a node, we will cover this later in the Basics)
Electrum (old school, but trusted)
Hardware Wallets:
Coldcard (long running, trusted, & versatile)
Blockstream Jade
Tapsigner (simple, card sized hardware wallet)
Bitbox (clean, easy to use bitcoin wallet)
Seedsigner (cool DIY hardware wallet, low cost)
Keystone
Trezor
A great, essential piece for first getting into the space, Bitcoin First:
https://open.spotify.com/episode/2bbmhdkHH1vcM31uo5Mimd?si=515dc45d1ca544ec
Don’t forget to check out our amazing sponsors:
• Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://guyswann.com/coldcard)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://guyswann.com/fold)
• The best place to onboard a true Bitcoiner – Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)
Learn more about your ad choices. Visit megaphone.fm/adchoices
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Basics_03 – Keys, Everything You Need to Know
Not your keys, not your coins. What does this mean? Your Bitcoin keys are literally the keys to the kingdom. They are everything, they are the sole arbiter of ownership of the bitcoins behind them if you have your keys, and they are the impenetrable fortress for the bitcoins behind keys you do not have. They are the judge, the jury, and the verdict.
If you can grasp and internalize the relationship between you, your keys, and your bitcoin, then you can safely and confidently use bitcoin. And that’s exactly what we are going to do, in the Bitcoin Basics Series, episode 3: Bitcoin Keys, Everything you Need to Know…
Don’t forget to check out our amazing sponsors:
• Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off everything in your cart! (https://guyswann.com/coldcard)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://guyswann.com/fold)
• The best place to onboard a true Bitcoiner – Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)
————————————–
“Most people think it takes a long time to change. It doesn’t. Change is immediate! Instantaneous! It may take a long time to decide to change…but change happens in a heartbeat!” ― Andy Andrews, The Noticer
Learn more about your ad choices. Visit megaphone.fm/adchoices
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Basics_02 – Hashes & Proofs of Work
In order to truly understand why Bitcoin works, we must understand a fundamental tool that operates at basically every level of the system. The hash function. And using the hash function, we can build one of the most important elements of the game theory that keeps the system honest, Proof of work. This is the second episode of the Bitcoin Basics series: Hashes & Proofs of Work
To play around yourself with the hashing tools discussed you can:
– open a Terminal window on your Mac or Linux computer and type…
shasum -a 256 [insert file]
Replacing [insert file] with the file path of whatever you wish to hash (you can usually drag and drop)
– On Windows open the “command prompt” and type…
Get-FileHash -Path [insert file]
To verify my Proof of Work done in the episode:
echo -n “H18” | shasum -a 256
(this works on Mac & Linux, but unfortunately the process on Windows was too complicated to go through the trouble of confirming it)
Don’t forget to check out our amazing sponsors:
• Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off everything in your cart! (https://guyswann.com/coldcard)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://guyswann.com/fold)
• The best place to onboard a true Bitcoiner – Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)
————————————–
“You never change things by fighting the existing reality. To change something, build a new model, that makes teh existing model obsolete.” – R. Buckminster Fuller
Learn more about your ad choices. Visit megaphone.fm/adchoices
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Basics_01 – Bitcoin… What is it?
Sure, everyone tells me that bitcoin is a new technology. That it’s magic money for the internet and tokens you can buy and stick in an app that will probably be worth more later. But seriously… what the hell does all of that mean? I get that Bitcoin is a thing, but ‘What is it?’
Well let’s get into it, with the first episode of Bitcoin Basics.
Other episodes & works mentioned to dive deeper into these ideas are linked below:
Guy’s Take #44 – Bitcoin is Not What you Think it is
Read_000 – The Bitcoin Whitepaper
Layered Money
21 Lessons: What I’ve Learned from Falling Down the Bitcoin Rabbit Hole
Read_660 – Bitcoin is Digital Scarcity
Don’t forget to leave any feedback at the links below and/or boost and comment on the Fountain app at fountain.fm
Don’t forget to check out our amazing sponsors:
• Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off everything in your cart! (https://guyswann.com/coldcard)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://guyswann.com/fold)
• The best place to onboard a true Bitcoiner – Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)
————————————–
“Bitcoin is peer to peer in every sense; it is so by design and it could not be any other way. As free and open source, it is peer-to-peer software; as consensus-driven software, it is a peer-to-peer protocol; as a censorship-resistant protocol, it is a peer-to-peer app; as a distributed app, it is a peer-to-peer network; as a communications network, it is a peer-to-peer language; and as a peaceful language, it is a peer-to-peer community.” – Allen Farrington & Sacha Meyers. Bitcoin is Venice
Learn more about your ad choices. Visit megaphone.fm/adchoices
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
